Jobs Market Continues Its Fitful Recovery--2nd Update

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Eric Morath The U.S. job market sits at a crossroads six years into a fitful economic expansion: Hiring is strong, but weak wage growth has failed to pull millions of would-be workers off the sidelines while prompting others to ...

Aetna Nears Deal to Buy Humana

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Liz Hoffman And Dana Mattioli Aetna Inc. is nearing a deal to buy Humana Inc., according to people familiar with the matter, in a tie-up of health insurers that could be announced this week. The people said a deal ...

Singapore June Nikkei PMI at 51.1; Up From 49.5 in May

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Gaurav Raghuvanshi SINGAPORE--Business activity in Singapore expanded in June, according to a new survey. The inaugural Singapore Nikkei Whole Economy Purchasing Managers Index, which measures private-sector and manufacturing activity, was at 51.1 in June, compared with 49.5 in May. ...

Aetna Nears Deal to Buy Humana -- 3rd Update

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Liz Hoffman And Dana Mattioli Aetna Inc. is nearing a deal to buy Humana Inc., according to people familiar with the matter, in a tie-up of health insurers that could be announced this week. The people said a deal ...

China June HSBC Services PMI 51.8 Vs 53.5 in May

TODAY: July 3, 2015 PUB DATE: July 3, 2015

BEIJING--The HSBC China Services Purchasing Managers' Index fell to 51.8 in June from 53.5 in May, HSBC Holdings PLC said Friday, suggesting activity outside the nation's factories remains under pressure. "Latest PMI data signalled a further loss of growth momentum ...

Aetna Nears Deal to Buy Humana

TODAY: July 3, 2015 PUB DATE: July 3, 2015

Aetna Inc. is nearing a deal to buy Humana Inc., according to people familiar with the matter, in a tie-up of health insurers that could be announced this week. The people said a deal could be inked as soon as ...

South Korea Unveils $20 Billion Fiscal Stimulus to Spur Economy

TODAY: July 3, 2015 PUB DATE: July 3, 2015

SEOUL-South Korea on Friday announced a fiscal stimulus package worth nearly $20 billion to spur anemic growth in Asia's fourth-largest economy. The additional government spending plan, revealed by the cabinet before being sent to parliament for approval, came with the ...

Aetna Nears Deal to Buy Humana -- 3rd Update

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Liz Hoffman, Dana Mattioli and Anna Wilde Mathews Aetna Inc. is nearing a $34 billion deal to buy Humana Inc. following weeks of frenzied merger talks among the largest health insurers. People familiar with the deal said it could ...

As Mergers Multiply, U.S. Antitrust Cops Raise Their Game

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Brent Kendall WASHINGTON--Corporate deal making is at an eight-year high at the same time the Obama administration's antitrust enforcers are on their strongest footing ever, setting up a tug-of-war over industry consolidation. The corporate executives and government officials now ...

Malaysia Exports Contract 6.7% in May

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Jason Ng KUALA LUMPUR, Malaysia--Malaysia's exports in May fell 6.7% from a year earlier, led by a decline in shipments of key commodities liquefied natural gas and palm oil, marking the second straight month of contraction, official data showed ...

As Mergers Multiply, U.S. Antitrust Cops Raise Their Game

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Brent Kendall WASHINGTON--Corporate deal making is at an eight-year high at the same time the Obama administration's antitrust enforcers are on their strongest footing ever, setting up a tug-of-war over industry consolidation. The corporate executives and government officials now ...

Aetna Nears Deal to Buy Humana -- 2nd Update

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Liz Hoffman And Dana Mattioli Aetna Inc. is nearing a deal to buy Humana Inc., according to people familiar with the matter, in a tie-up of health insurers that could be announced this week. The people said a deal ...

Antitrust Cops Swing A Big Stick

TODAY: July 3, 2015 PUB DATE: July 3, 2015

(FROM THE WALL STREET JOURNAL 7/3/15) By Brent Kendall WASHINGTON -- Corporate deal making is at an eight-year high at the same time the Obama administration's antitrust enforcers are on their strongest footing ever, setting up a tug-of-war over industry ...

Warren Buffett Re-Examines Reinsurance

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Anupreeta Das And Leslie Scism The obscure business of reinsurance has always been one of Warren Buffett's favorite money makers, but a changing landscape has led his Berkshire Hathaway Inc. to adjust its strategy. Reinsurers assume other insurance companies' ...

Feeling Pressure of Greek Turmoil, Sweden Cuts Rates

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Charles Duxbury And Brian Blackstone STOCKHOLM--Sweden's central bank surprised markets by cutting a key interest rate deeper into negative territory, underscoring the limited monetary-policy options for European countries outside the dominant eurozone. The persistent economic weakness in the eurozone--and ...

Aetna Nears Deal to Buy Humana -- 3rd Update

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Liz Hoffman, Dana Mattioli and Anna Wilde Mathews Aetna Inc. is nearing a deal to buy Humana Inc., according to people familiar with the matter, in a tie-up of health insurers that could be announced this week. The people ...

Aetna Nears Deal to Buy Humana -- Update

TODAY: July 3, 2015 PUB DATE: July 3, 2015

By Liz Hoffman And Dana Mattioli Aetna Inc. is nearing a deal to buy Humana Inc., according to people familiar with the matter, in a tie-up of health insurers that could be announced this week. The people said a deal ...

Pressed by Greek Turmoil, Sweden Cuts Rates

TODAY: July 3, 2015 PUB DATE: July 3, 2015

STOCKHOLM?Sweden's central bank surprised markets by cutting a key interest rate deeper into negative territory, underscoring the limited monetary-policy options for European countries outside the dominant eurozone. The persistent economic weakness in the eurozone?and a massive stimulus program launched by ...